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Gold
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Options
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Launch
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Launchpool
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Launchpad
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Smart Leverage
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GUSD Minting
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Allegion (NYSE:ALLE) Has Announced That It Will Be Increasing Its Dividend To $0.55
Allegion plc (NYSE:ALLE) has announced a dividend increase to $0.55 per share, representing a 7.8% rise from the previous year. This results in a 1.1% dividend yield, which is typical for its industry. The company’s earnings are projected to cover the dividend well, with an estimated payout ratio of 23% next year, supported by a strong track record of consistent dividend growth at an 18% compound annual growth rate since 2016.